Rwanda's New Personal Income Tax Brackets/Rates Effective November 2023

The Rwanda Revenue Authority recently issued an announcement regarding the new personal income tax (PAYE) brackets/rates. As previously reported, revised brackets/rates were introduced as part of the new Income Tax Law published in October 2022, with 3 brackets applied for the first year following the date of commencement of the law and 4 brackets from the second year following the date of commencement of the law. The announcement confirms that the following brackets/rates apply from the No…